Below is an argument from a trader on our desk not to hold stocks during this earnings season. The trader suggests to get in and out and not expect much follow through with stocks to the upside. Kind of a frustrating market day because the market is slowly grinding higher throughout the day but individual stocks don’t really make hods. … Read More
A hint to make more this earnings season
After the close SMB met in its training room for a talk led by me. I haven’t given many talks of late but I thought the desk was due for one after my observations of their trading. It is earnings season. There are tricks to scoring. And there are things traders do to harm their results. Trying to hard is … Read More
Should I bench this trader?
A few weeks ago a developing trader on our desk sent me his trading review for the day. He had traded at least 15 stocks and was negative in nearly all of them. I responded: There is no reason for you to trade more than 8 stocks. Set that as a rule. You have to see the big picture and … Read More
AAPL’s in the bag
This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. If you’ve been watching this hypothetical AAPL 610-605-595 put butterfly that expires today, then you’ve seen how dynamic this strategy really is. With the sell off down towards … Read More
Think you can day-trade AAPL?
This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. If so, then this is where you can potentially make a killing with the hypothetical broken wing butterfly we’ve been tracking over the past week. The hypothetical fly … Read More
AM Idea – April 13th 2012
Disclosure: Long: $NTAP
How Quickly AAPL Can Turn
This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. Just yesterday I talked about a hypothetical AAPL put broken wing butterfly expiring Friday, and with AAPL trading up this morning to over $640 I kind of figured … Read More
AAPL Skew is Reverting
This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. Last week I asked if Apple can really keep going up forever, and at least for another week it did. And the hypothetical put broken wing butterfly I … Read More